Edinburgh ranked third small and mid-sized city globally

Edinburgh has been ranked as the third small and mid-sized city globally in fDi Magazines GlobalCities of the Future awards 2014/15.

Edinburgh
was also a top city for Business Friendliness and Human Capital and Lifestyle.
The city was recognised in the top ten for numerous other categories.

This
achievement builds upon the success the city saw earlier this year when it
ranked the top mid-sized city in Europe overall in fDi Magazine’s European
Cities and Regions of the Future 2014/15 awards.

Cllr
Frank Ross, Convener of the Economy Committee, said: “This is a fantastic
result for Edinburgh and demonstrates that businesses are attracted here by the
high quality of life and support available to them. Scotland’s capital is a
vibrant festival city which encourages new business and innovation through a
tight knit business community and support from Business Gateway and creative
incubators.

"We’ve
also welcomed over 30 new foreign investors to the city, including German
renewable company BayWa, American microchip designers and manufacturer indie
semiconductor, Swiss financial services company SYZ Asset Management, Indian
operator of menu-listings website Zomato and French based Accor, the market
leading hotel operator in Europe, who announced ibis and Mercure-branded hotels.

"This award recognises that Edinburgh is regarded as a truly global
player.”

The
fDi ranking assesses a mixture of data and expert opinion to rank cities and
regions which have the best prospects for inward investment, economic
development and business expansion. The fDi ranking uses official statistics
and expert opinions to rank the global cities and regions with the best
prospects for inward investment, economic development and business expansion.

Full
list of Edinburgh's awards in the Global Cities of the Future awards

· Ranked third in the top ten small and mid-sized city globally

· Runner-up - small and mid-sized cities for Business Friendliness

· Runner-up - small and mid-sized cities for Human Capital and
Lifestyle